Bill > S09192

This bill amends the general obligations law to prohibit any person from directly or indirectly owning, operating, or controlling both a health insurance company and a health care provider, or any part of them. A "health insurance company" is defined broadly to include entities like insurance companies and health maintenance organizations that provide or pay for health care services. A "health care provider" encompasses a wide range of licensed or certified entities and professionals, including hospitals, mental health facilities, pharmacies, and medical equipment suppliers. "Indirect control" is defined as any relationship that allows one entity to influence or direct the operations of the other. Individuals or entities violating this prohibition will have three years from the bill's effective date to divest from either the health insurance company or the health care provider. The Attorney General can bring civil action against violators, seeking penalties of $10,000 per day and recovery of costs and attorney fees.

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https://www.nysenate.gov/legislation/bills/2025/S9192